OMV’s Post

Sustainable change is the defining narrative of our time One way we can all contribute is by choosing products made from #sustainable versions of the fundamental base chemicals that make up the items we use every day. Derived from biomass and recycled waste - #OMV is also currently evaluating the potential of utilizing carbon capture technology - these sustainable base chemicals help reduce our reliance on fossil fuels and lower carbon emissions.   Have you ever wondered how many of your everyday products could be made from these alternative materials?   Read this article to learn how sustainable base chemicals are driving an everyday revolution.

Plastics of the future will have many past lives To enjoy the benefits of plastic without it costing the Earth, we need to move towards circularity. This will only be possible using a range of #recycling technologies – including chemical recycling. Discover more in the latest #OMV story as we move #ForwardforGood.

#Greenhydrogen has the potential to make a significant impact on reducing carbon emissions. How? By replacing grey #hydrogen as a crucial building block for fuels and raw materials in the chemicals industry, we can greatly enhance the sustainability of these products. Not only that, but green hydrogen is set to become an important energy carrier to improve the sustainability of energy-intensive processes across various industries.   Securing sufficient volumes of local production and a robust supply of green hydrogen to Austria is therefore essential in preventing industrial migration and meeting collective climate goals. In line with this vision, #OMV is delighted to announce our membership in the Hydrogen Import Alliance Austria (#HIAA), alongside seven other leading Austrian energy and industrial companies. Together with AMAG, Gas Connect Austria, LAT Nitrogen, RHI Magnesita, VERBUND AG, voestalpine, and Wiener Stadtwerke GmbH, we are committed to establishing the value chain for importing green hydrogen to Austria. By working together, we aim to make a meaningful contribution to achieving collective climate targets.

It's going to be a summer to remember for sports fans Excitement is as high as ever but, in recent years, sports fans have had to reckon with an uncomfortable truth: these flagship events come with an enormous carbon footprint. By far the biggest contributor to this is transport. In our latest #OMV story we shine a light on the enormity of the undertaking to decarbonize transport more broadly and try to answer what makes this challenge so complex, and where can innovation offer solutions? #ForwardforGood

#OMV Energy is pleased to be the "Energy Transition Innovation Partner" at this year's SPE Europe Energy Conference & Exhibition in Turin, Italy 🌍   This unique event brings together leaders in energy transition from diverse disciplines, including energy, environment, geosciences, subsurface engineering, and policy. In the opening debate "Driving Change in Energy Transition" Reinhard Oswald, SVP Operations and Development, and other high-level speakers addressed the key challenges of the energy transition.    When asked about OMV's transition from its legacy to growing a Low Carbon Business, Reinhard emphasized: "We at OMV are diligently upskilling our employees and mapping the needs for further applications. Leveraging our E&P expertise, we're committed to defining and filling the knowledge gaps of the #EnergyTransition." 💡   Visit the OMV booth to explore groundbreaking solutions and connect with industry experts!    Join us in shaping the future of sustainable energy! 

We are celebrating International Women in Engineering Day! When it comes to a career in engineering, the next generation of women should fearlessly pursue their passions and strive for excellence. We reached out to some of our female #OMV engineers from all parts of the world to gather their advice and insights to share with women looking to enter the field. Together, we can inspire and empower future female engineers to embrace the challenges and opportunities in this dynamic field. #WomenInSTEM #EngineeringExcellence #Advancedbyengineering #InternationalWomenInEngineeringDay

#OMV, in partnership with Vår Energi and Lime Petroleum AS, was awarded with a second CO2 storage license by the Norwegian Ministry of Energy.    “At OMV, we are transforming into a leading provider of solutions for a sustainable and responsible energy transition, with Carbon Capture and Storage (CCS) as a key component of this mission. We have the subsurface expertise, capabilities and innovative mindset to unlock new carbon opportunities,” says Berislav Gaso, OMV Executive Vice President Energy.   The license, called Iroko, is located in the Central Norwegian North Sea and can store around 215 million metric tons of CO2, with the injection capacity expected to exceed 7.5 million metric tons of CO2 per year. It will be operated by Vår Energi (40%) in partnership with OMV (Norge) AS (30%) and Lime Petroleum AS (30%).  

The new OMV brand has launched – and now our employees get it out into the world We recently gathered for an impactful event where we unveiled the new #OMV branding. It was a day of inspiration and forward-thinking. Stay tuned for more updates as we continue #ForwardforGood!

At #OMV, transformation is in our nature.  It's what our business is built on. We've grown to become a leader in the fields of chemicals, fuels and energy. And with a leading role, we have a responsibility to make the necessary shifts to a better industry - and a better world. We at OMV are taking the next step and steadily driving forward our #transformation: Our corporate identity is being revamped. The new strategic focus is on creating a world in which sustainable energy, a sustainable lifestyle and sustainable mobility are a reality for everyone. Read more: https://lnkd.in/duqsuzQ2